Fordham, University Heights & Mount Hope multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Fordham, University Heights & Mount Hope, updated monthly from NYC public records. Data through July 2026. Covers University Heights.
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$145.2M78 sales, last 12 months▼ 27.7% YoY
$288Median price / sq ft▲ 14.7% YoY
$327KMedian price / unit (multifamily)▲ 40% YoY
6Off-market listings on Crezly now
September 2026 summary
78 income-property sales were recorded in Fordham, University Heights & Mount Hope in the 12 months ending July 2026, up 1.3% from the prior 12 months, while dollar volume of $145.2M was down 27.7%. The median price per square foot was $288, up 14.7%, and the median price per residential unit across multifamily and mixed-use properties was $327K, up 40%. 505 DOB construction permits were issued, down 13.2%. 23.7% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.9% citywide. JPMorgan Chase Bank, N.A. was the most active lender, with 12 mortgages recorded.
Market trends
Recorded sales volume by month
August 2024 – July 2026. Hover or tap a month for its figure.
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Month
Sales
Volume
August 2024
3
$2.7M
September 2024
9
$30.4M
October 2024
7
$15M
November 2024
7
$9.2M
December 2024
6
$9.7M
January 2025
10
$15.3M
February 2025
11
$28.4M
March 2025
6
$22.5M
April 2025
3
$7.2M
May 2025
4
$18.8M
June 2025
5
$5.4M
July 2025
6
$36.4M
August 2025
5
$5.5M
September 2025
2
$5M
October 2025
5
$6.1M
November 2025
10
$16.7M
December 2025
11
$28.9M
January 2026
5
$4.5M
February 2026
4
$7.8M
March 2026
4
$7.1M
April 2026
11
$23.4M
May 2026
8
$14.6M
June 2026
8
$16.5M
July 2026
5
$9.2M
Median price per square foot
Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.
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Month
Median $/sf (3-mo)
August 2024
$212
September 2024
$210
October 2024
$215
November 2024
$234
December 2024
$247
January 2025
$256
February 2025
$256
March 2025
$262
April 2025
$293
May 2025
$281
June 2025
$259
July 2025
$241
August 2025
$259
September 2025
$259
October 2025
$310
November 2025
$300
December 2025
$297
January 2026
$290
February 2026
$299
March 2026
$258
April 2026
$268
May 2026
$236
June 2026
$219
July 2026
$262
Construction permits issued
Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.
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Month
Permits
August 2024
51
September 2024
49
October 2024
50
November 2024
49
December 2024
45
January 2025
55
February 2025
44
March 2025
37
April 2025
35
May 2025
43
June 2025
51
July 2025
73
August 2025
41
September 2025
39
October 2025
43
November 2025
44
December 2025
32
January 2026
34
February 2026
36
March 2026
50
April 2026
49
May 2026
41
June 2026
46
July 2026
50
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
63
Other
6
Retail
4
Development
3
Mixed Use
1
Industrial
1
Seller distress
23.7% of 2,362 multifamily and mixed-use parcels in Fordham, University Heights & Mount Hope carry a Motivated-Seller Score of 10+ as of September 2026, down from 23.8% in August 2026. Citywide the figure is 2.9%.
Fordham, University Heights & Mount Hope
NYC
The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.
What is the price per square foot for commercial and multifamily property in Fordham, University Heights & Mount Hope?
The median recorded sale was $288 per square foot across 72 priced income-property sales in the 12 months to July 2026, up 14.7% on the prior year.
How much do multifamily buildings sell for per unit in Fordham, University Heights & Mount Hope?
Multifamily and mixed-use buildings sold for a median of $327K per residential unit in the 12 months to July 2026, across 64 recorded sales.
How many commercial real estate sales were there in Fordham, University Heights & Mount Hope last year?
78 income-property sales worth $145.2M were recorded in the 12 months to July 2026 (deeds of $100,000 or more, excluding single-family homes and condo units).
Who lends on commercial property in Fordham, University Heights & Mount Hope?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 12 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Fordham, University Heights & Mount Hope deals as they happen
New sales, permits, off-market listings and distress signals, in one weekly brief.
Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through July 2026), DOB NOW permits, PLUTO and HPD. Sales are recorded deeds of $100,000+ on income and commercial property (multifamily incl. two-family, mixed-use, retail, office, industrial, development, hospitality); single-family homes and condo units are excluded. Staten Island deeds are recorded by the Richmond County Clerk and are not in ACRIS. Neighborhoods follow NYC Community District boundaries. Not legal, financial or investment advice.